| Gross International Reserves | |||||||||||||||||||||
| in million US dollars; as of periods indicated | |||||||||||||||||||||
| Short-Term | |||||||||||||||||||||
| External Debt Cover | |||||||||||||||||||||
| Reserve | (in percent) 2 | ||||||||||||||||||||
| Position in | Foreign | Foreign | Import | Original | Residual | ||||||||||||||||
| GIR | the Fund | Gold | SDRs | Investments | Exchange | Cover 1 | Maturity 3 | Maturity 4 | |||||||||||||
| 2000 | Dec | 15,062.8 | 113.4 | 1,972.7 | 1.9 | 12,388.4 | 586.5 | 3.5 | 274.1 | 165.1 | |||||||||||
| 2001 | Dec | 15,692.2 | 109.4 | 2,216.2 | 14.0 | 12,805.3 | 547.4 | 4.0 | 261.5 | 140.4 | |||||||||||
| 2002 | Dec | 16,364.8 | 118.2 | 3,035.9 | 10.2 | 12,732.3 | 468.2 | 3.9 | 294.4 | 148.9 | |||||||||||
| 2003 | Dec | 17,063.1 | 129.8 | 3,408.2 | 1.8 | 12,945.4 | 577.9 | 4.0 | 276.1 | 154.7 | |||||||||||
| 2004 | Dec | 16,227.9 | 135.3 | 3,112.1 | 1.0 | 12,742.1 | 237.4 | 3.6 | 321.6 | 163.0 | |||||||||||
| 2005 | Dec | 18,494.4 | 125.0 | 2,568.4 | 0.8 | 15,397.5 | 402.6 | 4.6 | 199.3 | 131.0 | |||||||||||
| 2006 | Dec | 22,966.7 | 131.7 | 2,941.3 | 2.3 | 19,611.4 | 280.0 | 5.1 | 305.5 | 197.1 | |||||||||||
| 2007 | Dec | 33,751.1 | 138.3 | 3,540.6 | 0.7 | 29,715.2 | 356.2 | 6.7 | 344.3 | 242.1 | |||||||||||
| 2008 | Dec | 37,550.8 | 135.0 | 4,357.9 | 10.6 | 32,065.9 | 981.4 | 6.4 | 380.4 | 264.6 | |||||||||||
| 2009 | Dec | 44,242.6 | 137.5 | 5,459.7 | 1,141.2 | 36,655.1 | 849.1 | 9.2 | 681.7 | 392.6 | |||||||||||
| 2010 | Dec | 62,373.1 | 250.7 | 7,010.3 | 1,120.8 | 53,440.6 | 550.7 | 10.4 | 593.4 | 403.3 | |||||||||||
| 2011 | Dec | 75,302.4 | 472.1 | 8,012.7 | 1,117.9 | 65,276.2 | 423.5 | 11.6 | 624.9 | 482.5 | |||||||||||
| 2012 | Dec | 83,831.4 | 534.5 | 10,353.0 | 1,288.3 | 70,728.2 | 927.4 | 11.5 | 509.6 | 397.9 | |||||||||||
| 2013 | Dec | 83,187.0 | 594.0 | 7,498.4 | 1,302.8 | 72,936.3 | 855.6 | 11.6 | 492.0 | 406.2 | |||||||||||
| 2014 | Dec | 79,540.6 | 570.6 | 7,483.6 | 1,226.1 | 69,960.1 | 300.2 | 9.9 | 489.5 | 413.3 | |||||||||||
| 2015 | 80,666.9 | 438.6 | 6,702.9 | 1,172.9 | 71,739.4 | 613.0 | 9.9 | 534.3 | 409.5 | ||||||||||||
| 2016 | Dec | 80,691.8 | 441.6 | 7,259.1 | 1,138.0 | 68,290.0 | 3,563.1 | 8.8 | 555.5 | 418.2 | |||||||||||
| 2017 | 81,569.9 | 424.4 | 8,336.9 | 1,210.8 | 65,815.3 | 5,782.5 | 7.8 | 571.4 | 419.3 | ||||||||||||
| 2018 | 79,193.4 | 473.8 | 8,153.5 | 1,183.7 | 66,732.9 | 2,649.5 | 6.9 | 492.9 | 364.9 | ||||||||||||
| 2019 | 87,839.5 | 590.4 | 8,015.9 | 1,181.9 | 75,303.8 | 2,747.5 | 7.6 | 510.5 | 396.5 | ||||||||||||
| 2020 | 110,117.4 | 813.1 | 11,605.3 | 1,232.9 | 93,644.5 | 2,821.6 | 12.3 | 775.0 | 520.2 | ||||||||||||
| 2021 | 108,794.4 | 801.6 | 9,332.8 | 3,938.9 | 91,624.5 | 3,096.6 | 9.7 | 721.0 | 552.2 | ||||||||||||
| 2022 | 96,149.2 | 789.8 | 9,282.3 | 3,764.8 | 81,369.5 | 942.8 | 7.2 | 578.5 | 394.4 | ||||||||||||
| 2023 | 103,753.2 | 760.9 | 10,557.2 | 3,809.6 | 87,854.8 | 770.7 | 7.6 | 606.9 | 398.4 | ||||||||||||
| 2024 | January | 103,269.9 | 753.9 | 10,299.1 | 3,776.1 | 87,278.3 | 1,162.5 | 7.6 | 589.2 | 405.1 | r | ||||||||||
| February | 101,994.5 | 752.5 | 10,337.3 | 3,777.6 | 86,449.4 | 677.8 | 7.4 | 580.2 | 394.5 | r | |||||||||||
| March | 104,067.5 | 741.3 | 10,531.5 | 3,767.6 | 87,944.0 | 1,083.2 | 7.6 | 608.7 | 404.3 | r | |||||||||||
| April | 102,647.8 | 736.1 | 10,255.2 | 3,741.1 | 87,126.0 | 789.4 | 7.4 | 594.5 | 389.4 | r | |||||||||||
| May | 105,015.6 | 737.2 | 10,021.8 | 3,773.8 | 89,520.5 | 962.3 | 7.5 | 604.4 | 393.1 | r | |||||||||||
| June | 105,188.9 | 740.4 | 9,907.7 | 3,750.4 | 89,988.2 | 802.2 | 7.5 | 587.7 | 391.1 | r | |||||||||||
| July | 106,737.8 | 719.9 | 10,312.2 | 3,787.7 | 91,109.1 | 809.0 | 7.6 | 592.9 | 394.2 | r | |||||||||||
| August | 107,857.6 | 725.9 | 10,221.0 | 3,847.4 | 92,273.8 | 789.5 | 7.7 | 599.0 | 389.3 | r | |||||||||||
| September | 112,706.9 | 731.1 | 10,859.6 | 3,875.3 | 95,199.4 | 2,041.5 | 7.9 | 533.8 | 397.9 | r | |||||||||||
| October | 111,083.7 | 683.9 | 11,353.9 | 3,803.6 | 93,103.0 | 2,139.2 | 7.7 | 513.4 | 387.3 | r | |||||||||||
| November | 108,488.0 | 668.2 | 11,026.2 | 3,760.7 | 91,304.1 | 1,728.8 | 7.5 | 503.8 | 382.2 | r | |||||||||||
| December | 106,256.5 | 675.6 | 11,005.7 | 3,732.7 | 89,476.0 | 1,366.5 | 7.3 | 507.3 | 381.9 | r | |||||||||||
| 2025 | January | 103,271.2 | 671.3 | 11,751.7 | 3,731.9 | 86,368.1 | 748.2 | 7.1 | 486.4 | r | 356.8 | r | |||||||||
| February | 107,395.1 | 670.2 | 12,049.9 | 3,752.5 | 90,116.8 | 805.7 | 7.4 | 505.8 | r | 374.3 | r | ||||||||||
| March | a | 106,669.7 | 653.0 | 12,762.9 | 3,804.8 | 88,923.9 | 525.1 | 7.4 | 502.4 | 363.9 | |||||||||||
| 1 | Number of months of average imports of goods and payment of services and primary income that can be financed by reserves. Starting 2005, data are based on International Monetary Fund's Balance of Payments and International Investment Position Manual, 6th Edition (BPM6) concept. | ||||||||||||||||||||
| 2 | Starting December 2005, outstanding annual external debt reflects the new reporting framework in line with international standards under the latest External Debt Statistics Guide and BPM6. | ||||||||||||||||||||
| 3 | Refers to adequacy of reserves to cover outstanding short-term external debt, i.e., debt repayable on demand or with an original maturity of one year or less, as of 31 January 2025. | ||||||||||||||||||||
| 4 | Refers to adequacy of reserves to cover outstanding short-term external debt based on original maturity plus principal payments on medium- and long-term external loans of the public and private sectors falling due in the next 12 months. Figures reflect data based on debt service schedule on outstanding external debt as of 31 December 2024 and outstanding external short-term debt as of 31 January 2025. | ||||||||||||||||||||
| Details may not add up to total due to rounding. | |||||||||||||||||||||
| a | Revised based on the final International Reserves (IR) report as of end-March 2025. | ||||||||||||||||||||
| r | revised | ||||||||||||||||||||
| Source: Bangko Sentral ng Pilipinas | |||||||||||||||||||||